How to Buy Pro Dex Stock
Pro Dex Inc
Pro-Dex, Inc. designs, develops, and manufactures powered surgical instruments for medical device original equipment manufacturers worldwide.
Pro Dex stock last closed at $18.68, up 1.19% from the previous day, and has increased 16.9% in one year. It has overperformed other stocks in the Medical Instruments & Supplies industry by 0.28 percentage points. Pro Dex stock is currently +28.74% from its 52-week low of $14.51, and -18.75% from its 52-week high of $22.99.
As of Apr 26, 2024, there are 3.51M PDEX shares outstanding. The market value of PDEX is $65.59M. In the past 24 hours, 6402 PDEX shares were traded.
How to Buy Pro Dex Stock
Wondering how to invest in Pro Dex stock? Here's how.
- Figure out where to buy Pro Dex stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Pro Dex stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Pick your method of payment and add your information.
- Evaluate Pro Dex stock: The Pro Dex ticker symbol is PDEX. Is Pro Dex stock a good investment? Should you buy shares of PDEX? How do PDEX's underlying business fundamentals look? Do top analysts think Pro Dex is a good buy? Why has PDEX's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if PDEX is a good stock to buy).
- Make your PDEX buy order: Decide if you will purchase PDEX shares at the current market price or use a limit order to purchase PDEX shares at a particular price.
- Keep an eye on your PDEX investment: Create a watchlist to monitor your position in Pro Dex stock.
Step 1: Figure out where to buy Pro Dex stock
You will need a brokerage account to access the NASDAQ market and buy PDEX shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you are able to buy PDEX stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create a new trading account.
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Step 3: Deposit funds into your investment account
Now that you've created your account on app for stock, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help transferring funds into your brokerage account.
Step 4: Evaluate Pro Dex stock
Once you have figured out the best place to buy Pro Dex stock, it's crucial to analyze their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.
Pro Dex stock quick numbers
PDEX Due Diligence Checks
WallStreetZen was created to help part-time investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on PDEX's stock page.
Is PDEX stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PDEX's fair value.
Using relative valuations ratios:
- PDEX could be undervalued based on its P/E ratio of 13.25x, relative to Medical Instruments & Supplies industry P/E ratio of 48.29x
- PDEX may be undervalued based on its P/B ratio of 2.06x, relative to Medical Instruments & Supplies industry P/B ratio of 3.53x
- PDEX may be overvalued based on its PEG ratio of 1.32x
You can access additional valuation analysis on PDEX's stock here.
A quick look at PDEX Financials
Pros:
- There are more short-term assets than long-term liabilities on the PDEX balance sheet.
- There are more short-term assets than short-term liabilities on the PDEX balance sheet.
- PDEX earnings of $7.30M is not sufficient to cover its interest payments.
- PDEX's operating cash flow of $4.07M allows it to safely service it's debt of $13.49M.
Cons:
- Total PDEX debt is higher than 5 years ago, relative to shareholder equity.
- PDEX has a relatively high debt to equity ratio of 0.62.
- PDEX profit margin has gone down from 14.8% to 10.4% in the past year.
PDEX Momentum
PDEX Growth Metrics
Last year, PDEX earnings were $5.00M. In the last 5 year, PDEX's earnings have gone up by 13.76% per year. This was slower than the Medical Instruments & Supplies industry average of 16.9%.
Last year, PDEX revenue was $48.24M. In the last five year, PDEX's revenue has increased by 14% per year. This was faster than the Medical Instruments & Supplies industry average of 9.46%.
You can research PDEX's earnings and revenue performance here.
Who is buying/selling PDEX?
In the past 12 months, insiders at PDEX have bought more shares than they have sold.
Angelita Rebamontan Domingo, Director of PDEX, was the latest PDEX insider to buy. They bought $641.20 worth of PDEX stock on Jan 25, 2024.
Dig into more about who owns PDEX shares here.
Does PDEX stock generate passive income?
No, Pro Dex doesn't provide an income stream by paying out dividends.
PDEX Social Trading Data
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Step 5: Make your PDEX buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Hit the Open button and your broker will place your order.
If you want more help buying stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your PDEX investment
Now that you own some shares in PDEX, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to track the most important metrics related to your PDEX stock.
PDEX Feed
How to Buy Stock in Pro Dex
To summarize, here are the 6 steps you need to take to buy Pro Dex stock right now:
- Figure out where to buy Pro Dex stock
- Create your brokerage account
- Deposit funds into your investment account
- Evaluate Pro Dex stock
- Make your PDEX buy order
- Keep an eye on your PDEX investment
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Pro Dex, click below.
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